other material
confidence high
sentiment neutral
materiality 0.25
Regions Financial eliminates Series B Preferred Stock after full redemption
REGIONS FINANCIAL CORP
- Filed Certificate of Elimination with Delaware on Sept 17, 2024, removing Series B Preferred Stock designation.
- All outstanding Series B Preferred shares were redeemed on Sept 16, 2024, per existing terms.
- Canceled shares revert to undesignated preferred stock, par value $1.00 per share.
- No Series B shares remain outstanding; action is procedural following redemption.